The manager of the cost center does not have control over revenue or the use of investment funds.
<h3>What is a Manager?</h3>
A manager is referred as an individual in an organization who controls and coordinates functions and operations and notifies the use of resources in an appropriate manner after assigning them and helps in strategy development.
The manager of the cost center does not have control over revenue or the use of investment funds. Only managing costs within the budget is under the responsibility of a cost center manager.
In order to increase organizational efficiency and make revenue, internal management makes use of cost center data.
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Answer:
Option "C"is the correct answer to the following statement.
Explanation:
The retrospective method effect requires the development of new accounting procedures. In other terms, the retrospective method would affect the reporting of past time financial statements.
In this situation, the company will use the equity method at the place of the Fair-value method for calculating and control over their investment, so the above option is correct.
Answer:
a.used net cash of $17,000.
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net loss -$6,000
Adjustment made:
Add : Depreciation expense $12,000
Less: Increase in accounts receivable -$15,000
Add: Decrease in merchandise inventory $12,000
Less: Decrease in accounts payable -$20,000
Total of Adjustments -$11,000
Net Cash flow from Operating activities -$17,000
Construct Protective systems and evaluate soil conditions and provide safe access in and out of the evacuation in and inspect the site daily at the start of each shift and provide protection if water accumulation is a problem